$GBPUS to the sky

Bullish: We are currently @ 1.2588 in a nice channel (if a continued move up watch for this turn into a trend). We are at a triple top so IF we break to the upside, we are looking for an initial move to the 1.270 Fibo @ 1.2826. Look for the reaction here if we get one. A reversal here or a continuation to the 1.618 Fibo @ 1.2912. That would extend the move and put in the 3<sup>rd</sup> wave. Watch the USDX for direction. The average daily true range (ATR) for the pair is 77 pips.



Posted to Introduction to Forex Tar... on Jun 24, 2019 — 8:06 AM

Recent free content from Pro Act Traders

Comments ({[comments.length]})
Sort By:
Loading Comments
No comments. Break the ice and be the first!
Error loading comments Click here to retry
No comments found matching this filter
  • {[comment.author.username]} — Marketfy Staff — Maven — Member
Want to add a comment? Take me to the new comment box!

Reviews Average Rating          

         
         
Great weekly analysis, very useful and educational.
See All Reviews →